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4 years ago

Describe the necessary conflict between marketing managers and finance managers. Why is it necessary?

1 answer:

6 0

There is necessary conflict between marketing managers and finance managers because they are constantly fighting the battle of where to spend money. Marketing departments want to use money to heavily advertise their company/product, brand themselves within the public eye, conduct research and more whereas finance managers focus soley on the budget and finances of a business. It's important for them to have conflict or each department could be overspending or underspending where necessary if they didn't hold each other accountable.

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Following are the accounts and balances from the adjusted trial balance of Stark Company. Notes payable $ 11,000 Accumulated dep

DENIUS [597]

Answer:

STARK COMPANY

INCOME STATEMENT

FOR THE YEAR ENDED DECEMBER 31

PARTICULARS AMOUNT$

Service Revenue 20,000

Less-Expenses

Supplies expense 200

Interest expense 500

Insurance expense 1800

Utilities expense 1300

Depreciation expense 2000

Wages expense 7500

Total expenses 13,300

Net profit $6,700

STARK COMPANY

STATEMENT OF RETAINED EARNINGS

FOR THE YEAR ENDED DECEMBER 31 Amount$

Retained earnings December 31 prior year end 14,800

Add- Net income 6,700

Less- Dividends 3,000

Retained earnings, December 31 Current year end $18,500

8 0

3 years ago

A potential benefit of telecommuting is that it _____.

den301095 [7]

the answer is: a. reduces employee turnover

in business, potential benefit refers to the benefit that might or might not occurs depending on the performance that created from a certain decision.

Telecommunication is useful for the employers to communicate with the employees even if they not in close proximity. This allow employees to work at home and have more balance between their personal life and professional life. This balance would increase their comfort level in working with the employer and reduce the employee turnover.

5 0

3 years ago

Read 2 more answers

Describe the stage of product design

Leno4ka [110]

Answer:

Stage 1: hear from others and listen to feedback

Stage 2: Create new ideas based on that feedback

Stage 3: Create several prototypes and choose one. Then test the prototype

Stage 4: Manufacture the prototype you chose

Explanation:

8 0

2 years ago

Read 2 more answers

Caroline and her husband Chris got divorced in May of this year. During the year, Caroline provided all the support for herself

nignag [31]

Answer:

D. Single

Explanation:

Divorce eliminates answer options B and C. Hans'age indicates that he is an adult despite his earnings, thus Caroline could not apply as head of household (answer option A).

Single is the most favorable filing status due to she is unmarried and does not qualify for Head of Household.

5 0

4 years ago

Yowell Company began operations on January 1, Year 1. During Year 1, the company engaged in the following cash transactions: 1)

Luba_88 [7]

Answer:

$9,500

Explanation:

The cash flow statement categories the company's transactions in a financial period into 3 groups; these are operating, investing and financing.

The net profit/loss, depreciation, changes in current assets (other than cash) and liabilities are considered as operating activities including income taxes.

The sale of assets, interest received, purchase of investments are examples of investing activities while the issuance of stocks, debt principal deduction (loan settlement), issuance of debt securities etc are examples of financing activities.

An increase in assets other than cash is an outflow while an increase in liabilities is an inflow. Depreciation and other non-cash expenses deducted in the income statements are added back while the non-cash income such gain on asset are deducted from net income.

Yowell's net cash flow from operating activities

= $44,000 - $10,500 - $24,000

= $9,500

Other transactions will be stated in the investing and financing sections of the cash flow statements

7 0

4 years ago